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Are you sure you are still a shareholder?

The tax package, which includes an amendment to the VAT Act, has passed all hurdles in the legislative journey from bill to law. What are the main consequences for the VAT treatment of real estate?

The way in which the statutory rules for the distribution of profit at corporations are interpreted has changed in a fundamental way, which is why we recommend giving the following paragraphs your full attention if you plan to distribute and pay out shares in the profit generated by your business.

A government bill for an amendment to the Alien Residence Act seeks to accommodate needs in the area of employment of foreigners. At first glance, the bill appears to make it easier for foreigners to gain a foothold in the Czech labor market. But there is a different way to look at this piece of "friendly" legislation...